FORM 10-K
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549
                            -------------------------

[X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934
     For the fiscal year ended December 31, 2001
                                       OR

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934
     For the Transition period from ______ to ______

                         Commission file number 0-18110

                                  Gehl Company
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)

                Wisconsin                                   39-0300430
     -------------------------------                    -------------------
     (State or other jurisdiction of                    (I.R.S. Employer
      incorporation or organization)                    Identification No.)

                     143 Water Street, West Bend, WI 53095
             -----------------------------------------------------
               (Address of principal executive office) (Zip Code)

       Registrant's telephone number, including area code (262) 334-9461

           Securities registered pursuant to Section 12(b) of the Act:

                                      NONE

           Securities registered pursuant to Section 12(g) of the Act:

                          Common Stock, $.10 par value
                                (Title of class)

                      Rights to Purchase Preferred Shares
                                (Title of class)

     Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes _X_  No___

     Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K [X]

     Aggregate market value of voting stock held by non-affiliates of the
registrant: $67,833,705 at February 14, 2002.

     Number of shares outstanding of each of the registrant's classes of common
stock, as of February 14, 2002:

             Class                                  Shares Outstanding
         -------------------------                  ------------------
         Common Stock, $.10 Par Value                   5,375,387

                       DOCUMENTS INCORPORATED BY REFERENCE

        Gehl Company 2001 Annual Report to Shareholders (Parts I and II)
    Gehl Company Proxy Statement for the 2002 Annual Meeting of Shareholders
     (to be filed with the Commission under Regulation 14A within 120 days
    after the end of the registrant's fiscal year end and, upon such filing,
                 to be incorporated by reference into Part III)
<PAGE>
                                  GEHL COMPANY
                                -----------------

                                    INDEX TO
                           ANNUAL REPORT ON FORM 10-K

                      For The Year Ended December 31, 2001
                                                                            Page
Part I                                                                      ----

Item 1         Business .....................................................  1

Item 2         Properties....................................................  7

Item 3         Legal Proceedings.............................................  8

Item 4         Submission of Matters to a Vote of Security Holders...........  8

               Executive Officers of the Registrant..........................  8

Part II

Item 5         Market for Registrant's Common Equity and Related
                   Shareholder Matters....................................... 10

Item 6         Selected Financial Data....................................... 10

Item 7         Management's Discussion and Analysis of Financial
                   Condition and Results of Operations....................... 10

Item 7A        Quantitative and Qualitative Disclosures About Market Risk.... 10

Item 8         Financial Statements and Supplementary Data................... 10

Item 9         Changes in and Disagreements with Accountants
                   on Accounting and Financial Disclosure.................... 10

Part III

Item 10        Directors and Executive Officers of the Registrant............ 11

Item 11        Executive Compensation........................................ 11

Item 12        Security Ownership of Certain Beneficial Owners
                   and Management............................................ 11

Item 13        Certain Relationships and Related Transactions................ 11

Part IV

Item 14        Exhibits, Financial Statement Schedules and
                   Reports on Form 8-K....................................... 12

               Signatures.................................................... 13
<PAGE>
                                     PART I
                                     ------
Item 1.  Business.

Overview

     Gehl Company (the "Company" or "Gehl") designs, manufactures, sells and
finances equipment used in the light construction equipment and the agriculture
equipment industries. Construction equipment is comprised of skid loaders,
telescopic handlers, asphalt pavers, compact excavators, and mini-loaders and is
sold to contractors, sub-contractors, owner operators, rental stores and
municipalities. Agriculture equipment is sold to customers in the dairy and
livestock industries, and includes a broad range of products including
haymaking, forage harvesting, materials handling (skid loaders, telescopic
handlers, compact excavators, mini-loaders and attachments), manure handling and
feedmaking equipment. The Company believes that it is one of the largest
non-tractor agriculture equipment manufacturers in North America. The Company
was founded in 1859 and was incorporated in the State of Wisconsin in 1890.

     On October 2, 1997, the Company acquired all of the issued and outstanding
shares of capital stock of Brunel America, Inc. and its subsidiaries, including
Mustang Manufacturing Company, Inc. ("Mustang"), from Brunel Holdings, plc.
Mustang(R) designs, manufactures and sells skid loaders and related attachments.
Gehl acquired the Brunel America, Inc. stock for $26.7 million; and entered into
a five year non-competition agreement with the seller pursuant to which Gehl
paid $1.0 million. The Company borrowed $27.7 million under its existing credit
facility to fund the acquisition. The acquisition has been accounted for as a
purchase transaction and the results of the Mustang operation have been included
in the Company's operating results since the date of the acquisition.

     Construction equipment is manufactured in Minnesota, Pennsylvania and in
two South Dakota facilities and Agriculture equipment is manufactured in plants
in Wisconsin, Pennsylvania and South Dakota. A restructuring plan that was
commenced in the third quarter of 2001, and is expected to be substantially
completed during 2002, is underway to reduce costs through several major plant
rationalization initiatives which include consolidating certain operations.
Under these initiatives, the Company will close its manufacturing facility in
Lebanon, Pennsylvania and transfer production to other locations. The Company
will then transfer the manufacturing of its Mustang line of skid steer loaders
from its existing facility in Owatonna, Minnesota to its skid steer facility in
Madison, South Dakota.

     The Company intends that certain matters discussed in this Annual Report on
Form 10-K are "forward-looking statements" intended to qualify for the safe
harbor from liability established by the Private Securities Litigation Reform
Act of 1995. All statements other than statements of historical fact, including
statements regarding the Company's future financial position, business strategy,
targets, projected sales, costs, earnings and capital spending, and the plans
and objectives of management for future operations, are forward-looking
statements. When used in this Annual Report on Form 10-K, words such as the
Company "believes," "anticipates," "expects" or "estimates" or words of similar
meaning are generally intended to identify forward-looking statements. These
forward-looking statements are not guarantees of future performance and are
subject to certain risks, uncertainties, assumptions and other factors, some of
which are beyond the Company's control, that could cause actual results to
differ materially from those anticipated as of the date of the filing hereof.
Factors that could cause such a variance include, but are not limited to,
unanticipated changes in general economic and capital market conditions, the
Company's ability to implement successfully its strategic initiatives and plant
rationalization actions, market acceptance of newly introduced products, the
cyclical nature of the Company's business, the Company's and its customers'
access to credit, competitive pricing, product initiatives and other actions
taken by competitors, disruptions in production capacity, excess inventory
levels, the effect of changes in laws and regulations (including government
subsidies and international trade regulations), technological difficulties,
changes in currency exchange rates, the Company's ability to secure sources of
liquidity necessary to fund its operations, changes in environmental laws, the
impact of any acquisition effected by the Company, and employee and labor
relations. Shareholders, potential investors, and other readers are urged to
consider these factors in evaluating the forward-looking statements and are
cautioned not to place undue reliance on such forward-looking statements. The
forward-looking statements included in this Annual Report on Form 10-K are only
made as of the date of the filing hereof, and the Company undertakes no
obligation to publicly update such forward-looking statements to reflect
subsequent events or circumstances. In addition, the Company's future
expectations are based in part on certain assumptions made by the Company,
including those relating to commodities prices, which are strongly affected by
weather and other factors and can fluctuate significantly, housing starts and
other construction activities, which are sensitive to, among other things,

                                       -1-
<PAGE>
interest rates and government spending, and the performance of the U.S. economy
generally. The accuracy of these or other assumptions could have a material
effect on the Company's ability to achieve its expectations.

Business Segments

     The Company operates in two business segments, construction equipment and
agriculture equipment. The following table shows certain information relating to
the Company's segments:
<TABLE>
<CAPTION>
                                                                    (dollars in thousands)
                                                                   Years ended December 31,
                                ------------------------------------------------------------------------------------------------
                                           1999                             2000                               2001
                                ---------------------------       --------------------------       -----------------------------
                                  Amount             %              Amount             %              Amount              %
                                -----------       ---------       -----------       ---------       -----------       ----------
<S>                              <C>                <C>            <C>                <C>           <C>                 <C>
Net sales:
  Construction Equipment         $173,607            59.6%         $151,130            58.6%         $125,196            49.8%
  Agriculture Equipment           117,791            40.4           106,988            41.4           126,440            50.2
                                -----------       ---------       -----------       ---------       -----------       ----------
    Total                        $291,398           100.0%         $258,118           100.0%         $251,636           100.0%
                                ===========       =========       ===========       =========       ===========       ==========
Income from operations:
  Construction Equipment          $23,661            67.5%          $14,028            63.8%           $2,270            25.4%
  Agriculture Equipment            11,396            32.5             7,957            36.2             6,673            74.6
                                -----------       ---------       -----------       ---------       -----------       ----------
    Total                         $35,057           100.0%          $21,985           100.0%           $8,943           100.0%
                                ===========       =========       ===========       =========       ===========       ==========
</TABLE>
     On September 26, 2001, the Company adopted several major plant
rationalization initiatives to improve profitability by consolidating certain
operations. Under these initiatives, the Company will close its manufacturing
facility in Lebanon, Pennsylvania and transfer production to other locations.
The Company will also transfer the manufacturing of its Mustang line of skid
steer loaders from its existing facility in Owatonna, Minnesota to its recently
expanded skid steer facility in Madison, South Dakota. In implementing these
actions, the Company anticipates that it will incur total restructuring and
other non-recurring charges of approximately $5.5 to $6.5 million; a $4.3
million charge was recorded in the third quarter of 2001 in accordance with
accounting principles generally accepted in the United States of America. Of the
$4.3 million charge recorded in the third quarter of 2001, $1.5 million and $2.8
million related to the Agricultural and Construction segments, respectively.

     The Company had no intersegment sales or transfers during the years set
forth above. For segment information with respect to identifiable assets,
depreciation/amortization and capital expenditures for the construction
equipment and agriculture equipment markets, see Note 14 of "Notes to
Consolidated Financial Statements", included on Page 29 of the Gehl Company 2001
Annual Report to Shareholders, which pages are incorporated by reference herein.

Construction Equipment

Products:

     Construction equipment is marketed in the following five product areas:

     1.   Skid Loaders - Eight models of Gehl skid loaders are currently offered
          which feature a choice of hand-operated T-bar controls, hand only or
          hand and foot controls; and four models of Mustang skid loaders are
          offered which feature a choice of T-bar, hand only and hand/foot
          controls. The skid loader, with its fixed-wheel four-wheel drive, is
          used principally for material handling duties. The skid loader may
          also be used with a variety of attachments, including dirt, snow and
          cement buckets, pallet forks and hydraulically-operated devices such
          as cold planers, backhoes, brooms, trenchers, snowblowers,

                                       2
<PAGE>
          industrial grapples, tree diggers, concrete breakers, augers and many
          more.

     2.   Telescopic Handlers - Nine models of Dynalift(R) telescopic handlers,
          all with digging capabilities are marketed. These telescopic handlers
          are designed to handle heavy loads (up to 12,000 pounds) reaching
          horizontally and vertically (up to 55 ft.) for use by a variety of
          customers, including masons, roofers, building contractors and
          farmers. These items are marketed under both the Gehl and Mustang
          brand names.

     3.   Asphalt Pavers - Three models of Power Box(R) pavers are marketed by
          Gehl. These pavers allow variable paving widths from 4 1/2 to 13 feet
          and are used for both commercial and municipal jobs such as county and
          municipal road, sidewalk, golf cart path, jogging trail, parking lot,
          driveway, trailer court and tennis court preparation.

     4.   Compact Excavators - Thirteen models of compact excavators are
          currently marketed under both the Gehl and Mustang brand names. The
          units range in size from 1.5 metric ton to 11.5 metric ton. All units
          come standard with auxiliary hydraulics. An industry exclusive
          leveling system is offered on a number of models. These units can be
          equipped with a wide variety of attachments.

     5.   Mini-loaders - Gehl markets two models, one rigid frame and one
          articulated unit, of mini-loaders. The units are powered by a 20
          horsepower engine and are the only mini-loaders offered in the
          industry where the operator is seated on the unit.

Marketing and Distribution:

     The Company maintains a separate distribution system for Construction
equipment. The Company markets its Construction equipment in North America
through 310 independent dealers (with 857 outlets) and worldwide through 70
distributors. The Company has no Company-owned dealers and its dealers may sell
equipment produced by other construction equipment manufacturers. The top ten
dealers and distributors of Construction equipment accounted for approximately
11% of the Company's sales for the year ended December 31, 2001; however, no
single dealer or distributor accounted for more than 2% of the Company's sales
for that period. Sales of the Construction equipment skid loader product line
accounted for more than 25% of the Company's net sales in 1999, 2000 and 2001.
Sales of the Construction equipment telescopic handler product line accounted
for more than 15% of the Company's net sales in 1999, 2000 and 2001.

     The Company believes that maintenance and expansion of its dealer network
is important to its success in the light construction equipment market. The
Company also believes that it needs to continue to further develop sales
relationships with rental companies to meet the demands of the changing
marketplace. Various forms of support are provided for its Construction
equipment dealers, including sales and service training, and, in the United
States and Canada, floor plan financing for its dealers and retail financing for
both its dealers and their customers. The construction equipment dealers in
North America are also supported by district sales managers who provide a
variety of services, including training, equipment demonstrations and sales,
warranty and service assistance, and regional field service representatives who
assist in training and providing routine dealer service support functions.

Industry and Competition:

     Gehl's Construction equipment product lines face competition in each of
their markets. In general, each line competes with a small group of from seven
to twelve different companies, some of which are larger than the Company. The
Company competes within the light construction equipment markets based primarily
on price, quality, service and distribution.

     The primary markets for Gehl's Construction equipment outside of North
America are in Europe, Australia, Latin America, the Middle East and the Pacific
Rim. The Company believes it is a significant competitor in the skid loader
market in most of these markets.

                                       3
<PAGE>
Agriculture Equipment

Products:

     Agriculture equipment is marketed in five product areas.

     1.   Haymaking - Gehl's haymaking line includes a broad range of products
          used to harvest and process hay crops for livestock feed. The Company
          offers disc mowers, a wide range of pull-type disc mower conditioners,
          hay rakes and variable-chamber round balers.

     2.   Forage Harvesting - The Company believes that it currently
          manufactures and sells one of the industry's most complete lines of
          forage harvesting equipment, including forage harvesters, forage
          wagons and blowers.

     3.   Material Handling - This line consists of eight different models of
          Gehl skid loaders and the telescopic handler, compact excavator and
          mini-loader product lines. The skid loader, telescopic handler,
          compact excavator and mini-loader are marketed by dealers who handle
          Agriculture equipment and by dealers who handle Construction
          equipment.

     4.   Manure Handling - Gehl offers a broad range of manure spreaders,
          including the Scavenger(R) "V-Tank" side-discharge manure spreader
          which incorporates a hydraulically controlled auger allowing the
          spreader to handle a wide range of semi-liquid waste products,
          including municipal sludge. For handling mostly solid manure, the
          Company also markets four models of rear-discharge box spreaders.

     5.   Feedmaking - The Company offers the Gehl Mix-All(R) line of grinder
          mixers and a line of mixer feeders and a feeder wagon for both mixing
          feed rations and delivery to livestock feeders.

Marketing and Distribution:

     In North America, Gehl's agricultural equipment is sold through
approximately 360 geographically dispersed dealers (with 400 outlets). Fifty of
these dealers are located in Canada. Agriculture equipment is also marketed
through 17 distributors in Europe, the Middle East, the Pacific Rim and Latin
America. The Company has no Company-owned dealers and its dealers may sell
equipment produced by other agricultural equipment manufacturers.

     It has been and remains the Company's objective to increase the share of
Gehl products sold by a Gehl dealer. Gehl is not dependent for its sales on any
specific Agriculture dealer or group of dealers. The top ten dealers and
distributors in Agriculture equipment accounted for approximately 7% of the
Company's sales for the year ended December 31, 2001 and no one dealer or
distributor accounted for over 1% of the Company's sales during that period.
Sales of the Agriculture equipment skid loader product line accounted for more
than 14% of the Company's net sales in 1999, 2000 and 2001.

     The Company provides various forms of support for its dealer network,
including sales and service training. The Company also provides floor plan and
retail finance support for products sold by its dealers in the United States and
Canada.

     The Company employs district sales managers to assist its agricultural
dealers in the promotion and sale of its products and regional service managers
to assist in warranty and servicing matters. The Company has a service agreement
with a vendor for a centralized parts distribution center located in Belvidere,
Illinois.

Industry and Competition:

     The agriculture equipment industry has seen significant consolidation and
retrenchment since 1980. This has served to reduce the total number of
competitors, to strengthen certain major competitors, and to reduce the strength
of certain other companies in the industry. The Company competes within the
agriculture equipment industry based primarily on products sold, price, quality,
service and distribution.

                                       4
<PAGE>
     The agriculture equipment markets in North America are highly competitive
and require substantial capital outlays. The Company has four major competitors
as well as numerous other limited line manufacturers and importers. The largest
manufacturers in the agriculture equipment industry, the Company's major
competitors, generally produce tractors and combines as well as a full line of
tillage and planting equipment. Such manufacturers also market, to varying
degrees, haymaking, forage harvesting, materials handling, manure handling
and/or feedmaking equipment, the areas in which the Company's agriculture
products are concentrated. No single competitor competes with the Company in
each of its product lines. The Company believes that it is the only non-tractor
manufacturer in the industry that produces equipment in each of these product
lines. Smaller manufacturers which compete with the Company produce only a
limited line of specialty items and often compete only in regional markets.

     Gehl's agriculture equipment is primarily distributed to customers in the
dairy and livestock industries. After several years of more favorable market
conditions, milk prices fell to historically low levels during 2000 and the
first quarter of 2001 which affected the buying pattern of farmers prior to milk
prices returning to a more favorable price level for the remainder of 2001.
Demand levels in 2001 were impacted by lower interest rates and lower fuel
costs.

     Approximately 90% of the Company's agriculture dealers also carry the
tractor and combine product lines of a major manufacturer. In addition to
selling the tractors and combines of a major manufacturer, many of these dealers
carry the major manufacturer's entire line of products, some of which directly
compete with the products offered by Gehl. Dealers of Gehl's Agriculture
equipment also market equipment manufactured by limited line manufacturers which
compete with specific product lines offered by the Company.

     The primary markets for Gehl's Agriculture equipment outside of North
America are in Europe and the Pacific Rim. In these markets, the Company
competes with both agriculture equipment manufacturers from the United States,
some of which have manufacturing facilities in foreign countries, and foreign
manufacturers. The Company does not believe, however, that it is presently a
significant competitor in any of these foreign markets.

Backlog

     The backlog of unfilled equipment orders (which orders are subject to
cancellation in certain circumstances) as of December 31, 2001 was $18.0 million
versus $28.0 million at December 31, 2000. Virtually all orders in the backlog
at December 31, 2001 are expected to be shipped in 2002. The reduced backlog at
December 31, 2001 was primarily due to the levels of orders for the new round
baler products, at December 31, 2000, which the Company began shipping in early
2001.

Floor Plan and Retail Financing

Floor Plan Financing:

     The Company, as is typical in the industry, generally provides floor plan
financing for its dealers. Products shipped to dealers under the Company's floor
plan financing program are recorded by the Company as sales and the dealers'
obligations to the Company are reflected as accounts receivable.

     The Company provides interest-free floor plan financing to its dealers, for
Construction equipment for varying periods of time generally up to six months
and for Agriculture equipment generally up to nine months. Dealers who sell
products utilizing floor plan financing are required to make immediate payment
for those products to the Company upon sale or delivery to the retail customer.
At the end of the interest-free period, if the equipment remains unsold to
retail customers, the Company generally charges interest to the dealer at
approximately 3% above the prime rate or on occasion provides an interest-free
extension of up to three months upon payment by the dealer of a curtailment of
25% of the original invoice price to the dealer. This type of floor plan
equipment financing accounts for approximately 80% of Gehl's dealer accounts
receivable, with all such floor planned receivables required to be secured by a
first priority security interest in the equipment sold.

Retail Financing:

     The Company also provides retail financing primarily to facilitate the sale
of equipment to end users.
                                       5
<PAGE>
Additionally, a number of dealers purchase equipment which is held for rental to
the public. The Company also provides retail financing to such dealers in
connection with these purchases. Retail financing in the United States is
provided by the Company primarily through Gehl Finance(R), the Company's finance
division. Retail financing is provided in Canada by third parties at rates
subsidized by the Company. The Company does not offer or sponsor retail
financing outside of North America.

     The Company maintains arrangements with third parties pursuant to which the
Company sells, with recourse, certain of the Company's retail finance contracts.
The finance contracts require periodic installments of principal and interest
over periods of up to 60 months; interest rates are based on market conditions.
The majority of these contracts have maturities of 12 to 48 months. The Company
continues to service the finance contracts it sells, including cash collections.
See Note 2 of "Notes to Consolidated Financial Statements," Page 23, and
"Management's Discussion and Analysis," Page 12 of the Gehl Company 2001 Annual
Report to Shareholders, which pages are incorporated by reference herein.

Employees

     As of December 31, 2001, the Company had 987 employees, of which 640 were
hourly employees and 347 were salaried employees. As a result of the plant
rationalization initiatives announced in September 2001, the Company expects to
reduce its current workforce by 249, consisting of hourly and salaried employees
at the Lebanon and Owatonna locations. Once the plant rationalizations are
completed and employees are added at other locations where work is being
shifted, the Company expects an overall net workforce reduction of approximately
10%, or 100 employees. At the production facilities in West Bend, Wisconsin, one
of five Gehl production facilities, 206 hourly employees are covered by a
collective bargaining agreement with the United Paperworkers International Union
(formerly the Allied Industrial Workers) which expires January 10, 2003. None of
the remaining employees of the Company are represented by unions. There have
been no labor-related work stoppages at the Company's facilities during the past
twenty-eight years.

Manufacturing

     The Company is currently expanding its South Dakota skid loader
manufacturing facility in order to accommodate the transfer of Mustang skid
loader production from Owatonna, Minnesota to the Madison facility. The Company
believes that its present manufacturing facilities, as expanded, will be
sufficient to provide adequate capacity for its operations in 2002.

     Component parts needed in the manufacture of the Company's equipment are
primarily produced by the Company. The Company obtains raw materials
(principally steel), component parts that it does not manufacture, most notably
engines and hydraulics, and supplies from third party suppliers. All such
materials and components used are available from a number of sources. The
Company is not dependent on any supplier that cannot be readily replaced and has
not experienced difficulty in obtaining necessary purchased materials.

     In addition to the equipment it manufactures, the Company markets equipment
acquired from third party suppliers. Products acquired from these suppliers
accounted for less than 10% of the Company's net sales in 2001.

Research and Development

     The Company attempts to maintain and strengthen its market position through
internal new product development and incremental improvements to existing
products. The Company's research and development is devoted to developing new
products that meet specific customer needs and to devising incremental
improvements to existing products. Research and development performed by the
Company includes the designing and testing of new and improved products as well
as the fabrication of prototypes. The Company expended approximately $3.0
million, $3.1 million and $3.0 million on research and development for the years
ended December 31, 2001, 2000 and 1999, respectively.

Patents and Trademarks

     The Company possesses rights under a number of domestic and foreign patents
and trademarks relating to its

                                       6
<PAGE>
products and business. While the Company considers the patents and trademarks
important in the operation of its business, including the Gehl(R) name, the
Mustang(R) name, the Dynalift(R) name, the EDGETM name and the group of patents
relating to the Scavenger(R) manure spreader, the business of the Company is not
dependent, in any material respect, on any single patent or trademark or group
of patents or trademarks.

Export Sales

     Information regarding the Company's export sales is included in Note 14 of
"Notes to Consolidated Financial Statements," Page 29, of the Gehl Company 2001
Annual Report to Shareholders, which page is incorporated by reference herein.

Item 2.  Properties.

     The following table sets forth certain information as of December 31, 2001,
relating to the Company's principal manufacturing facilities. See "Management's
Discussion and Analysis - Liquidity and Capital Resources, Capital
Expenditures," Page 15, of the Gehl Company 2001 Annual Report to Shareholders,
which pages are incorporated by reference herein. For information regarding
collateral pledges, see Note 5 of "Notes to Consolidated Financial Statements",
included on Page 24, of the Gehl Company 2001 Annual Report to Shareholders,
which page is incorporated by reference herein.

                 Approximate       Owned or     Principal Uses
                 Floor Area in     Leased
                 Square Feet

West Bend, WI       450,000        Owned        General offices and engineering,
                                                research and development and
                                                manufacture of Agriculture
                                                equipment

Madison, SD         180,000        Owned        Manufacture of Gehl skid loaders
                                                for dealers of Construction
                                                equipment and Agriculture
                                                equipment

Lebanon, PA(2)      170,000        Owned(1)     Manufacture of Agriculture
                                                equipment and Construction
                                                equipment

Yankton, SD         130,000        Owned        Manufacture of Construction
                                                equipment

Owatonna, MN(2)     235,000        Owned        Manufacture of Mustang skid
                                                loaders

     (1) This facility is financed with the proceeds from the sale of industrial
development bonds maturing in 2010.

     (2) The Company plans to close this plant in conjunction with its plant
rationalization initiatives announced in September 2001.

     The Company also has a five year service agreement with a vendor for a
centralized parts distribution center located in Belvidere, Illinois.

                                       7
<PAGE>
Item 3. Legal Proceedings.

     The Company is a defendant from time to time in actions for product
liability and other matters arising out of its ordinary business operations. The
Company believes that the actions presently pending will not have a material
adverse effect on its consolidated financial position or results of operations.
To the Company's knowledge, there are no material legal proceedings to which any
director, officer, affiliate or more than 5% shareholder of the Company (or any
associate of the foregoing persons) is a party adverse to the Company or any of
its subsidiaries or has a material interest adverse to the Company or its
subsidiaries.

Item 4.  Submission of Matters to a Vote of Security Holders.

     No matters were submitted to a vote of security holders during the quarter
ended December 31, 2001.

Executive Officers of the Registrant.
------------------------------------

     Set forth below is certain information concerning the executive officers of
the Company as of February 1, 2002:

Name, Age and Position                  Business Experience
----------------------                  -------------------

William D. Gehl, 55,                    Mr. Gehl has served as Chairman of the
 Chairman, President, Chief Executive   Board of Directors of the Company since
 Officer and Director                   April, 1996.  Mr. Gehl has served as
                                        President and Chief Executive Officer
                                        of the Company since November, 1992 and
                                        has served as a director of the Company
                                        since 1987.

Malcolm F. Moore, 51,                   Mr. Moore has served as Executive Vice
 Executive Vice President and           President and Chief Operating Officer
 Chief Operating Officer                since joining the Company in August,
                                        1999.  From 1997 to 1999, Mr. Moore was
                                        associated with The Moore Group (a
                                        private investment consulting firm
                                        focused on the thermal processing
                                        equipment industry). From 1996 to 1997,
                                        Mr. Moore served as President and Chief
                                        Executive Officer of Pangborn
                                        Corporation (a manufacturer of blast
                                        cleaning and surface preparation systems
                                        and equipment). From 1993 to 1996, Mr.
                                        Moore served as President of LINAC
                                        Holdings, (the U.S. financial Holding
                                        Co. for all the U.S. based thermal
                                        processing equipment companies owned by
                                        Ruhrgas AG).

Kenneth P. Hahn, 44,                    Mr. Hahn joined the Company as Corporate
 Vice President of Finance, Treasurer   Controller in April, 1988. Mr. Hahn was
 and Chief Financial Officer            appointed Vice President of Finance and
                                        Treasurer in February, 1997

                                       8
<PAGE>
                                        and became Chief Financial Officer in
                                        January, 1999.

Daniel M. Keyes, 33,                    Mr. Keyes joined the Company as Vice
 Vice President Sales and Marketing     President Sales and Marketing in
                                        December 2000. From 1996 until joining
                                        the Company, Mr. Keyes held a variety of
                                        senior marketing management positions,
                                        most recently, Director, Strategic
                                        Accounts, with CNH Global NV (a
                                        manufacturer of agricultural and
                                        construction equipment).

Michael J. Mulcahy, 55,                 Mr. Mulcahy has served as General
 Vice President, Secretary              Counsel of the Company since 1974 and
 and General Counsel                    became Secretary in 1977 and a Vice
                                        President in 1986. Mr. Mulcahy has also
                                        served, since 1988, as President of
                                        Equipco Insurance Company, Ltd., which
                                        provides liability insurance coverage
                                        for equipment manufacturers, including
                                        the Company.

Richard J. Semler, 62,                  Mr. Semler joined the Company in May,
 Vice President of                      1960 and has served in his current
 Data Systems                           position with the Company since January,
                                        1977.

     All officers of the Company are elected annually by the Board of Directors
following the Annual Meeting of Shareholders. The Company has an employment
agreement with William D. Gehl, pursuant to which he is to serve as President
and Chief Executive Officer of the Company through the expiration of the
agreement on June 13, 2004.


                                       9
<PAGE>
                                     PART II

Item 5. Market for Registrant's Common Equity and Related
             Shareholder Matters.

     Pursuant to the terms of the Gehl Company Director Stock Grant Plan, each
of the non-employee directors of the Company (i.e., Messrs. N.C. Babson, T. J.
Boldt, F. M. Butler, J. T. Byrnes, F. J. Fotsch, W. P. Killian, J. W. Splude and
H. Viets) received on December 31, 2001 a grant of shares of Company common
stock as part of their annual retainer fee. An aggregate of 2,688 shares of
Company common stock were granted under the Director Stock Grant Plan. These
shares were issued in transactions exempt from registration under Section 4(2)
of the Securities Act of 1933, as amended.

     Information required by this item is also included on Pages 31 and 32 of
the Gehl Company 2001 Annual Report to Shareholders, which pages are hereby
incorporated herein by reference.

Item 6.  Selected Financial Data.

     Information required by this item is included on Page 31 of the Gehl
Company 2001 Annual Report to Shareholders, which page is hereby incorporated
herein by reference.

Item 7.  Management's Discussion and Analysis of Financial
             Condition and Results of Operations.

     Information required by this item is included on Pages 12 through 17 of the
Gehl Company 2001 Annual Report to Shareholders, which pages are hereby
incorporated herein by reference.

Item 7A. Quantitative and Qualitative Disclosures About Market Risk.

     Information required by this item is included on Page 17 of the Gehl
Company 2001 Annual Report to Shareholders, which pages are hereby incorporated
herein by reference.

Item 8.  Financial Statements and Supplementary Data.

     Information required by this item is included on Page 11 and Pages 18
through 30 of the Gehl Company 2001 Annual Report to Shareholders, which pages
are hereby incorporated herein by reference.

Item 9.  Changes in and Disagreements with Accountants
              on Accounting and Financial Disclosure.

     There have been no changes in or disagreements with the Company's
accountants regarding accounting and financial disclosure required to be
reported pursuant to this item.


                                       10
<PAGE>
                                    PART III

Item 10.  Directors and Executive Officers of the
              Registrant.

     Pursuant to Instruction G, the information required by this item with
respect to directors is hereby incorporated herein by reference from the caption
entitled "Election of Directors" set forth in the Company's definitive Proxy
Statement for its 2002 Annual Meeting of Shareholders ("Proxy Statement")1.
Information with respect to executive officers of the Company appears at the end
of Part I, Pages 8 through 9 of this Annual Report on Form 10-K.

Item 11.  Executive Compensation.

     Pursuant to Instruction G, the information required by this item is hereby
incorporated herein by reference from the captions entitled "Board of Directors"
and "Executive Compensation" set forth in the Proxy Statement; provided,
however, that the subsection entitled "Executive Compensation - Report on
Executive Compensation" shall not be deemed to be incorporated herein by
reference.

Item 12.  Security Ownership of Certain Beneficial
               Owners and Management.

     Pursuant to Instruction G, the information required by this item is hereby
incorporated by reference herein from the caption "Principal Shareholders" set
forth in the Proxy Statement.

Item 13.  Certain Relationships and Related Transactions.

     Pursuant to Instruction G, the information required by this item is hereby
incorporated herein by reference from the caption entitled "Miscellaneous -
Certain Transactions" set forth in the Proxy Statement.


----------------------------------------------------------------------
1  The Proxy Statement will be filed with the Commission pursuant to
Regulation 14A.


                                       11
<PAGE>
                                     PART IV

Item 14.  Exhibits, Financial Statement Schedules and
              Reports on Form 8-K.

          (a)  1 and 2. Financial statements and financial statement schedule.

               Reference is made to the separate index to the Company's
               consolidated financial statements and schedule contained on Page
               14 hereof.

               3.   Exhibits.

               Reference is made to the separate exhibit index contained on
               Pages 17 through 22 hereof.

          (b)  Reports on Form 8-K.

               A Current Report on Form 8-K, dated November 20, 2001, was filed
               by the Company announcing (under Item 5) the amendment of the
               Company by-laws, dated November 20, 2001. The amendment and the
               by-laws, as amended, were included as exhibits to the Current
               Report pursuant to Item 7.

               A Current Report on Form 8-K, dated October 26, 2001, was filed
               by the Company in connection with the Press Release announcing
               (under Item 9), among other things, the Company's financial
               results for the three-and nine-month periods ended September 29,
               2001. The press release was included as an exhibit to the Current
               Report pursuant to Item 7.


                                       12
<PAGE>
                                   SIGNATURES

     Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

                                          GEHL COMPANY

Date:  March 8, 2002               By /s/ William D. Gehl
                                      ------------------------------
                                          William D. Gehl,
                                          Chairman of the Board, President and
                                          Chief Executive Officer

     Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
Registrant and in the capacities and on the dates indicated.

     Signature                        Title                          Date
     ---------                        -----                          ----

/s/ William D. Gehl         Chairman of the Board, President,     March 8, 2002
------------------------    Chief Executive Officer and Director
William D. Gehl             (Principal Executive Officer)

/s/ Kenneth P. Hahn         Vice President of Finance,            March 8, 2002
------------------------    Treasurer and Chief Financial
Kenneth P. Hahn             Officer (Principal Financial and
                            Accounting Officer)

/s/ Nicholas C. Babson      Director                              March 8, 2002
------------------------
Nicholas C. Babson

/s/ Thomas J. Boldt         Director                              March 8, 2002
------------------------
Thomas J. Boldt

/s/ Fred M. Butler          Director                              March 8, 2002
------------------------
Fred M. Butler

/s/ John T. Byrnes          Director                              March 8, 2002
------------------------
John T. Byrnes

/s/ Richard J. Fotsch       Director                              March 8, 2002
------------------------
Richard J. Fotsch

/s/ Kurt Helletzgruber      Director                              March 8, 2002
------------------------
Kurt Helletzgruber

/s/ William P. Killian      Director                              March 8, 2002
-----------------------
William P. Killian

/s/ John W. Splude          Director                              March 8, 2002
-----------------------
John W. Splude

/s/ Dr. Hermann Viets       Director                              March 8, 2002
----------------------
Dr. Hermann Viets

                                       13
<PAGE>
                                  GEHL COMPANY
                                  ------------

                        INDEX TO FINANCIAL STATEMENTS AND

                          FINANCIAL STATEMENT SCHEDULES

                                                                   Page(s) in
                                                                  Annual Report*
                                                                  -------------
     The following documents are filed as
     part of this report:
     (1) Financial Statements:
         Report of Independent Accountants                                11
         Consolidated Balance Sheets at
           December 31, 2001 and 2000                                     18
         Consolidated Statements of Income
           for the three years ended
           December 31, 2001                                              19
         Consolidated Statements of
           Shareholders' Equity for the
           three years ended December 31, 2001                            20
         Consolidated Statements of Cash
           Flows for the three years ended
           December 31, 2001                                              21
         Notes to Consolidated Financial
           Statements                                                     22

* Incorporated by reference from the indicated pages of the Gehl Company 2001
Annual Report to Shareholders.

                                                                    Page in
                                                                   Form 10-K
                                                                   ---------
     (2) Financial Statement Schedule:
         Report of Independent Accountants
           on Financial Statement Schedule                                15
         Schedule II - Valuation and Qualifying Accounts
          for the three years ended
          December 31, 2001                                               16

All other schedules are omitted because they are not applicable or the required
information is shown in the financial statements or notes thereto.

                                       14
<PAGE>
                      REPORT OF INDEPENDENT ACCOUNTANTS ON
                      ------------------------------------

                          FINANCIAL STATEMENT SCHEDULE
                          ----------------------------

To the Board of Directors of Gehl Company:

Our audits of the consolidated financial statements referred to in our report
dated February 27, 2002 appearing in the 2001 Annual Report to Shareholders of
Gehl Company (which report and consolidated financial statements are
incorporated by reference in this Annual Report on Form 10-K) also included an
audit of the Financial Statement Schedule listed in Item 14(a)(2) of this Form
10-K. In our opinion, this Financial Statement Schedule presents fairly, in all
material respects, the information set forth therein when read in conjunction
with the related consolidated financial statements.


/s/ PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
Milwaukee, Wisconsin
February 27, 2002



                                       15
<PAGE>
<TABLE>
                                      GEHL COMPANY AND SUBSIDIARIES
                             SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
                                              (in thousands)
<CAPTION>
Period               Description                 Balance at      Charged to    Deductions    Balance at
------               -----------                 Beginning       Costs and     ----------    End of Year
                                                 of Year         Expenses                    -----------
Year Ended                                       ----------      --------
  December 31,
  1999
<S>                                                   <C>             <C>           <C>          <C>
                     Allowance for
                     Doubtful
                     Accounts-Trade
                     Receivables . . . . . .          $1,305          $557          $175         $1,687
                     Returns and Dealer
                     Discounts . . . . . . .           2,249         5,075         4,563          2,761
                                                       -----         -----         -----          -----
                     Total . . . . . . . . .          $3,554        $5,632        $4,738         $4,448
                                                      ======        ======        ======         ======
                     Allowance for Doubtful
                     Accounts - Retail
                     Contracts . . . . . . .           $ 993         $ 810         $ 299         $1,504
                                                       =====         =====         =====         ======
                     Inventory Obsolescence
                     Reserve . . . . . . . .          $1,708         $ 647         $ 613         $1,742
                                                      ======         =====         =====         ======
                     Income Tax Valuation
                     Allowance . . . . . . .           $ 854         $   -         $ 308          $ 546
                                                       =====         =====         =====          =====
Year Ended
  December 31,
  2000
                     Allowance for Doubtful
                     Accounts-Trade
                     Receivables . . . . . .          $1,687          $540          $363         $1,864
                     Returns and Dealer
                     Discounts . . . . . . .           2,761         3,385         3,487          2,659
                                                       -----         -----         -----          -----
                     Total . . . . . . . . .          $4,448        $3,925        $3,850         $4,523
                                                      ======        ======        ======         ======
                     Allowance for Doubtful
                     Accounts - Retail
                     Contracts . . . . . . .          $1,504         $ 705         $ 248         $1,961
                                                     =======         =====         =====         ======
                     Inventory Obsolescence
                     Reserve . . . . . . . .          $1,742         $ 900         $ 638         $2,004
                                                      ======         =====         =====         ======
                     Income Tax Valuation
                     Allowance . . . . . . .           $ 546         $  48         $  22          $ 572
                                                       =====         =====         =====          =====
Year Ended
  December 31,
  2001
                     Allowance for Doubtful
                     Accounts-Trade
                     Receivables . . . . . .          $1,864          $563          $192         $2,235
                     Returns and Dealer
                     Discounts . . . . . . .           2,659         4,349         4,169          2,839
                                                       -----         -----         -----          -----
                     Total . . . . . . . . .          $4,523        $4,912        $4,361         $5,074
                                                      ======        ======        ======         ======
                     Allowance for Doubtful
                     Accounts - Retail
                     Contracts . . . . . . .          $1,961         $ 220         $ 133         $2,048
                                                      ======         =====         =====         ======
                     Inventory Obsolescence
                     Reserve . . . . . . . .          $2,004         $ 265         $ 157         $2,112
                                                      ======         =====         =====         ======
                     Income Tax Valuation
                     Allowance . . . . . . .           $ 572         $  72         $  20          $ 624
                                                       =====         =====         =====          =====
</TABLE>
                                       16
<PAGE>
                                  GEHL COMPANY

                                INDEX TO EXHIBITS

Exhibit Number                     Document Description
--------------                     --------------------

(2)            Stock Purchase Agreement, dated as of September 12, 1997, between
               Gehl Company and Brunel Holdings, plc [Incorporated by reference
               to Exhibit 2 of the Company's Current Report on Form 8-K, dated
               October 17, 1997]

(3.1)          Restated Articles of Incorporation, as amended, of Gehl Company
               [Incorporated by reference to Exhibit 3.1 to the Company's
               Quarterly Report on Form 10-Q for the quarter ended June 28,
               1997.]

(3.2)          By-laws of Gehl Company, as amended [Incorporated by reference to
               Exhibit 99.2 of the Company's Current Report on Form 8-K dated
               November 20, 2001]

(4.1)          Amended and Restated Loan and Security Agreement by and between
               ITT Commercial Finance Corp. (now known as Deutsche Financial
               Services Corporation) and Gehl Company and its subsidiaries,
               dated October 1, 1994 [Incorporated by reference to Exhibit 4.1
               of the Company's Annual Report on Form 10-K for the year ended
               December 31, 1994]

(4.2)          First Amendment to Amended and Restated Loan and Security
               Agreement by and between Deutsche Financial Services Corporation,
               f/k/a ITT Commercial Finance Corp., and Gehl Company and its
               subsidiaries, dated May 10, 1995 [Incorporated by reference to
               Exhibit 4.1 of the Company's Quarterly Report on Form 10-Q for
               the quarter ended July 1, 1995]

(4.3)          Amendment to Amended and Restated Loan and Security Agreement by
               and between Deutsche Financial Services Corporation, f/k/a ITT
               Commercial Finance Corp., Deutsche Financial Services Canada
               Corporation and Gehl Company and its subsidiaries, dated December
               1, 1995 [Incorporated by reference to Exhibit 4.1 of the
               Company's Annual Report on Form 10-K for the year ended December
               31, 1995]

(4.4)          Third Amendment to Amended and Restated Loan and Security
               Agreement by and between Deutsche Financial Services Corporation,
               Deutsche Financial Services Canada Corporation and Gehl Company
               and its subsidiaries, dated as of July 15, 1996 [Incorporated by
               reference to Exhibit 4.4 of the Company's Annual Report on Form
               10-K for the year ended December 31, 1997]

(4.5)          Amendment to Amended and Restated Loan and Security Agreement by
               and between Deutsche Financial Services Corporation, Deutsche
               Financial Services Canada Corporation and Gehl Company and its
               subsidiaries, dated October 2, 1997 [Incorporated by reference to
               Exhibit 4.1 of the Company's Current Report on Form 8-K dated
               October 17, 1997]

(4.6)          Fifth Amendment to Amended and Restated Loan and Security

                                       17
<PAGE>
               Agreement by and between Deutsche Financial Services Corporation,
               Deutsche Financial Services, a division of Deutsche Bank Canada,
               and Gehl Company and its subsidiaries, dated as of February 5,
               1998 [Incorporated by reference to Exhibit 4.6 of the Company's
               Annual Report on Form 10-K for the year ended December 31, 1997]

(4.7)          Sixth Amendment to Amended and Restated Loan and Security
               Agreement by and between Deutsche Financial Services Corporation,
               Deutsche Financial Services, a division of Deutsche Bank Canada
               and Gehl Company and its subsidiaries, dated as of June 1, 1998
               [Incorporated by reference to Exhibit 4.1 of the Company's
               Quarterly Report on Form 10-Q for the quarter ended June 27,
               1998]

(4.8)          Seventh Amendment to Amended and Restated Loan and Security
               Agreement by and between Deutsche Financial Services Corporation,
               Deutsche Financial Services, a division of Deutsche Bank Canada
               and Gehl Company and its subsidiaries, dated as of September 1,
               1998 [Incorporated by reference to Exhibit 4.1 of the Company's
               Quarterly Report on Form 10-Q for the quarter ended September 26,
               1998]

(4.9)          Eighth Amendment to Amended and Restated Loan and Security
               Agreement by and between Deutsche Financial Services Corporation,
               Deutsche Financial Services, a division of Deutsche Bank Canada
               and Gehl Company and its subsidiaries, dated as of December 30,
               1999 [Incorporated by reference to Exhibit 4.9 to the Company's
               Annual Report on Form 10-K for the year ended December 31, 1999]

(4.10)         Ninth Amendment to Amended and Restated Loan and Security
               Agreement by and between Deutsche Finance Services Corporation,
               Deutsche Financial Services, a division of Deutsche Bank Canada
               and Gehl Company and its subsidiaries, dated as of June 20, 2000
               [Incorporated by reference to Exhibit 4.1 of the Company's
               Quarterly Report on Form 10-Q for the quarter ended July 1, 2000]

(4.11)         Tenth Amendment to the Amended and Restated Loan and Security
               Agreement by and between Deutsche Financial Services Corporation,
               Deutsche Financial Services, a division of Deutsche Bank Canada
               and Gehl Company and its subsidiaries, dated as of December 7,
               2000

(4.12)         Loan Agreement between Pennsylvania Economic Development
               Financing Authority and Gehl Company, dated as of September 1,
               1990 [Incorporated by reference to Exhibit 4.1 to the Company's
               Quarterly Report on Form 10-Q for the quarter ended September 29,
               1990]

(4.13)         First Supplemental Loan Agreement between Pennsylvania Economic
               Development Financing Authority and Gehl Company, dated as of
               April 23, 1993 [Incorporated by reference to Exhibit 4.3 to the
               Company's Quarterly Report on Form 10-Q for the quarter ended
               April 3, 1993]

(4.14)         Second Supplemental Loan Agreement between Pennsylvania Economic
               Development Financing Authority and Gehl Company, dated as of
               February 1, 1994 [Incorporated by reference to Exhibit 4.10 to
               the Company's Annual Report on Form 10-K for the year ended
               December 31, 1993]

(4.15)         Mortgage and Security Agreement by and between Gehl Company and
               First Pennsylvania Bank N.A., dated as of September 1, 1990

                                       18
<PAGE>
               [Incorporated by reference to Exhibit 4.2 to the Company's
               Quarterly Report on Form 10-Q for the quarter ended September 29,
               1990]

(4.16)         Rights Agreement, dated as of May 28, 1997, between Gehl Company
               and U.S. Bank National Association (as successor to Firstar Trust
               Company) [Incorporated by reference to Exhibit 4.1 to the
               Company's Registration Statement on Form 8-A, dated as of May 28,
               1997]

(4.17)         Loan Agreement by and between South Dakota Board of Economic
               Development and Gehl Company, dated May 26, 1998 [Incorporated by
               reference to Exhibit 4.2 of the Company's Quarterly Report on
               Form 10-Q for the quarter ended June 27, 1998]

(4.18)         Promissory Note signed by Gehl Company payable to South Dakota
               Board of Economic Development, dated May 26, 1998 [Incorporated
               by reference to Exhibit 4.3 of the Company's Quarterly Report on
               Form 10-Q for the quarter ended June 27, 1998]

(4.19)         Mortgage by and between Gehl Company and South Dakota Board of
               Economic Development, dated May 26, 1998 [Incorporated by
               reference to Exhibit 4.4 of the Company's Quarterly Report on
               Form 10-Q for the quarter ended June 27, 1998]

(4.20)         Employment Agreement by and between Gehl Company and South Dakota
               Board of Economic Development, dated May 26, 1998 [Incorporated
               by reference to Exhibit 4.5 of the Company's Quarterly Report on
               Form 10-Q for the quarter ended June 27, 1998]

(4.21)         Loan Agreement by and between the City of Madison, a political
               subdivision of the State of South Dakota, and Gehl Company, dated
               September 8, 1998 [Incorporated by reference to Exhibit 4.2 of
               the Company's Quarterly Report on Form 10-Q for the quarter ended
               September 26, 1998]

(4.22)         Promissory Note signed by Gehl Company payable to the City of
               Madison, a political subdivision of the State of South Dakota,
               dated September 8, 1998 [Incorporated by reference to Exhibit 4.3
               of the Company's Quarterly Report on Form 10-Q for the quarter
               ended September 26, 1998]

(4.23)         Mortgage by and between Gehl Company and the City of Madison, a
               political subdivision of the State of South Dakota, dated
               September 8, 1998 [Incorporated by reference to Exhibit 4.4 of
               the Company's Quarterly Report on Form 10-Q for the quarter ended
               September 26, 1998]

(10.1)*        Form of Supplemental Retirement Benefit Agreement between Gehl
               Company and Messrs. Hahn, Keyes, Moore, Mulcahy and Semler
               [Incorporated by reference to Exhibit 10.7 to the Company's
               Quarterly Report on Form 10-Q for the quarter ended July 1, 2000]

(10.2)*        Gehl Company Director Stock Grant Plan, as amended [Incorporated
               by reference to Exhibit 10.9 to the Company's Quarterly Report on
               Form 10-Q for the quarter ended July 1, 2000]

(10.3)*        Amended and Restated Employment Agreement between Gehl Company

                                       19
<PAGE>
               and William D. Gehl dated as of December 19, 1997 [Incorporated
               by reference to Exhibit 10.3 of the Company's Annual Report on
               Form 10-K for the year ended December 31, 1997]

(10.4)*        Amendment to Amended and Restated Employment Agreement between
               Gehl Company and William D. Gehl dated as of June 13, 2001
               [Incorporated by reference to Exhibit 10.2 of the Company's
               Quarterly Report on Form 10-Q for the quarter ended June 30,
               2001]

(10.5)*        Supplemental Retirement Benefit Agreement by and between William
               D. Gehl and Gehl Company [Incorporated by reference to Exhibit
               10.4 of the Company's Annual Report on Form 10-k for the year
               ended December 31, 1995]

(10.6)*        Amendment to Supplemental Retirement Benefit Agreement by and
               between William D. Gehl and Gehl Company dated as of April 20,
               2000 [Incorporated by reference to Exhibit 10.6 of the Company's
               Quarterly Report on Form 10-Q for the quarter ended July 1, 2000]

(10.7)*        Gehl Company Shareholder Value Added Management Incentive
               Compensation Plan [Incorporated by reference to Exhibit 10.6 of
               the Company's Annual Report on Form 10-K for the year ended
               December 31, 1995]

(10.8)*        Gehl Savings Plan, as amended and restated effective July 1, 2001
               [Incorporated by reference to Exhibit 10.1 of the Company's
               Quarterly Report on Form 10-Q for the quarter ended September 29,
               2001]

(10.9)*        Gehl Company Retirement Income Plan "B", as amended and restated
               [Incorporated by reference to Exhibit 10.2 to the Company's
               Quarterly Report on Form 10-Q for the quarter ended September 29,
               2001]

(10.10)*       Gehl Company 1987 Stock Option Plan, as amended [Incorporated by
               reference to Exhibit 10.9 to the Company's Annual Report on Form
               10-K for the year ended December 31, 1996]

(10.11)*       Form of Stock Option Agreement used in conjunction with the Gehl
               Company 1987 Stock Option Plan [Incorporated by reference to
               Exhibit 4.2 to the Company's Form S-8 Registration Statement
               (Reg. No. 33-38392)]

(10.12)*       Gehl Company 1995 Stock Option Plan, as amended [Incorporated by
               reference to Exhibit 10.1 to the Company's Quarterly Report on
               Form 10-Q for the quarter ended July 1, 2000]

(10.13)*       Form of Stock Option Agreement for executive officers used in
               conjunction with the Gehl Company 1995 Stock Option Plan
               [Incorporated by reference to Exhibit 10.12 of the Company's
               Annual Report on Form 10-K for the year ended December 31, 1995]

(10.14)*       Form of Stock Option Agreement for non-employee directors used in
               conjunction with the Gehl Company 1995 Stock Option Plan
               [Incorporated by reference to Exhibit 10.13 of the Company's
               Annual Report on Form 10-K for the year ended December 31, 1995]

(10.15)*       Gehl Company 2000 Equity Incentive Plan [Incorporated by
               reference to

                                       20
<PAGE>
               Appendix A to the Company's Proxy Statement for the 2000 Annual
               Meeting of Shareholders]

(10.16)*       Form of Non-Qualified Stock Option Agreement used in conjunction
               with the Gehl Company 2000 Equity Incentive Plan [Incorporated by
               reference to Exhibit 4.5 to the Company's Registration Statement
               on Form S-8 (Registration No. 333-36102)]

(10.17)*       Form of Stock Option Agreement for Non-Employee Directors used in
               conjunction with the Gehl Company 2000 Equity Incentive Plan
               [Incorporated by reference to Exhibit 4.6 to the Company's
               Registration Statement on Form S-8 (Registration No. 333-36102)]

(10.18)*       Forms of Amendment to the Change in Control and Severance
               Agreement between Gehl Company and Messrs. Hahn, Keyes, Moore,
               Mulcahy and Semler dated as of June 13, 2001 [Incorporated by
               reference to Exhibits 10.3 and 10.4 of the Company's Quarterly
               Report on Form 10-Q for the quarter ended June 30, 2001]

(10.19)*       Form of Retention Agreement, dated as of June 13, 2001, between
               Gehl Company and each of Messrs. Gehl, Moore, Hahn, Mulcahy,
               Semler and Keyes [Incorporated by reference to Exhibit 10.5 of
               the Company's Quarterly Report on Form 10-Q for the quarter ended
               June 30, 2001]

(10.20)*       Gehl Company Deferred Compensation Plan effective August 1, 2000
               [Incorporated by reference to Exhibit 10.1 of the Company's
               Quarterly Report on Form 10-Q for the quarter ended September 30,
               2000]

(10.21)        Technical Assistance and License Agreement by and between Gehl
               Company and Rheiner Maschinenfabrik Windhoff AG, dated as of May
               4, 1985, as amended [Incorporated by reference to Exhibit 10.13
               to the Company's Form S-1 Registration Statement (Reg. No.
               33-31571)]

(10.22)        Distributorship Agreement by and between Gehl Company and Gehl
               GmbH, dated as of April 15, 1985 [Incorporated by reference to
               Exhibit 10.16 to the Company's Form S-1 Registration Statement
               (Reg. No. 33-31571)]

(10.23)        Trademark Licensing Agreement by and between Gehl Company and
               Gehl GmbH, dated as of April 15, 1985 [Incorporated by reference
               to Exhibit 10.17 to the Company's Form S-1 Registration Statement
               (Reg. No. 33-31571)]

(13)           Portions of the Gehl Company 2001 Annual Report to Shareholders
               that are incorporated by reference herein

(21)           Subsidiaries of Gehl Company [Incorporated by reference to
               Exhibit 21 of the Company's Annual Report of Form 10-K for the
               year ended December 31, 1998]

(23)           Consent of PricewaterhouseCoopers LLP

                                       21
<PAGE>

(99)      Proxy Statement for 2002 Annual Meeting of Shareholders (To be filed
          with the Securities and Exchange Commission under Regulation 14A;
          except to the extent incorporated by reference, the Proxy Statement
          for the 2002 Annual Meeting of Shareholders shall not be deemed to be
          filed with the Securities and Exchange Commission as part of this
          Annual Report on Form 10-K)

------------------
* A management contract or compensatory plan or arrangement.
Except as otherwise noted, all documents incorporated by reference are to
Commission File No. 0-18110.




                                       22